Factbox: DoorDash delivers latest deal as industry consolidation gathers pace
FACTBOX-DoorDash delivers latest deal as industry consolidation gathers pace Oct 29 (Reuters) - Doordash DASH.O said on Thursday it would buy US grocery delivery rival Instacart CART.O in a deal valued at about $17 billion.
Intensifying competition amid cautious consumer spending, slower growth since the pandemic boom and mounting regulatory and labor-related costs are driving a consolidation in the delivery industry.
In July, Uber UBER.N agreed to buy Germany's Delivery Hero to create the largest food-delivery group outside China.
Here are some of the companies that have announced buyouts since 2020:
Year | Buyer | Target | Deal value | Link |
2026 | DoorDash | Instacart CART.O | $17 billion | nL3N46F161 |
2026 | Uber | Delivery Hero DHER.DE | $14.8 billion | |
2025 | DoorDash | Deliveroo | $3.85 billion | nL4N3RE0BH |
2025 | Prosus | Just Eat Takeaway.com | $4.3 billion | nL2N3PF051 |
2025 | Wonder | Grubhub | $650 million including debt | nL1N3MK077 |
2022 | DoorDash | Wolt | $3.5 billion | nL8N2XO2TE |
2021 | Just Eat Takeaway.com | Grubhub | $7.3 billion | nKBN23H2C0 |
2020 | Uber | Postmates | $2.65 billion | nKBN2470AP |
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Sriraj Kalluvila and Devika Syamnath)
((AnujaBharat.Mistry@thomsonreuters.com))
Recent news on Uber Technologies
See all newsWhen buses stopped running on Brazil election day, 'Lula's Army' grabbed their car keys
Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong
DoorDash’s Instacart deal may draw FTC scrutiny amid cost-of-living concerns
Amazon, Uber, Instacart sue to block NYC law over delivery worker deactivation
Factbox: DoorDash delivers latest deal as industry consolidation gathers pace